March 6, 2019
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One of the questions that I am most frequently asked regarding content APIs is "how can I make money with my API?" Before answering that question, however, it is important to ask for whom the API is designed. After all, the audiences for your API will determine what business opportunities exist.
Payment Savvy, payment processor known for its no-cost-to-biller model, launched an Open API. The API integrates with many software packages across industries. Payment Savvy finds the API strategy will complement its convenience fee model which makes makes doing business with Payment Savvy easy.
DataCash, global payments services provider, has announced that its fraud management solution (GateKeeper 2.0) will be the first of its kind to integrate MasterCard's Lost-Stolen Account List API. The MasterCard API cross-references over 30 million lost and stolen cards globally. The integration will empower merchants with greater fraud detection capabilities and lessen the potential to reject legitimate customers.